GOLD: Will reach 1890-1805 for wave iv) later 2250 for v) of (5)
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Market Commentary:
1. This is a weekly TF analysis and it will took ore than months to reach 1890-1805.
2. Need to understand where we are and why the spikes happening and its making a wedge formation in the final wave as I shown here.
3. Wedge will happen only in the final wave or in the starting wave...so for me its end of wave "5" of iii) as I shown in the chart.
4. I am expecting a wave iv) to complete near 1890 first and if it is deep or complex correction it will reach to 1805 too.
5. NOTE: Wave iv) could be a triangle or a flat or zigzag to reach 1890-1805.
6. I just shown here 3 waves to the target...
DISCLAIMER : All labelling and wave counts done by me by manually and i will keep change according to the LIVE MARKET PRICE ACTION. So don't bias, hope on my trade plans...try to learn and make your own strategy...Following is not that much easy...I AM NOT RESPONSIBLE FOR ANY LOSSES IF U TOOK THE TRADE ACCORDING TO MY TRADE PLANS....THANKS LOT..CHEERS
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